Neumeier Poma Investment Counsel LLC Reduces Position in Adtalem Global Education Inc. $ATGE

Neumeier Poma Investment Counsel LLC lowered its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 17.4% in the third quarter, Holdings Channel.com reports. The firm owned 320,477 shares of the company’s stock after selling 67,583 shares during the period. Adtalem Global Education comprises approximately 4.1% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 2nd biggest holding. Neumeier Poma Investment Counsel LLC’s holdings in Adtalem Global Education were worth $49,498,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Salomon & Ludwin LLC bought a new position in shares of Adtalem Global Education in the third quarter valued at approximately $28,000. Penserra Capital Management LLC purchased a new stake in Adtalem Global Education in the 2nd quarter valued at $28,000. UMB Bank n.a. lifted its stake in Adtalem Global Education by 79.7% during the 3rd quarter. UMB Bank n.a. now owns 266 shares of the company’s stock valued at $41,000 after acquiring an additional 118 shares in the last quarter. Allworth Financial LP lifted its stake in Adtalem Global Education by 82.9% during the 2nd quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $44,000 after acquiring an additional 155 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its holdings in Adtalem Global Education by 727.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $45,000 after acquiring an additional 313 shares during the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on ATGE shares. BMO Capital Markets reissued an “outperform” rating and set a $138.00 price target on shares of Adtalem Global Education in a research report on Friday, January 30th. Weiss Ratings downgraded shares of Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Barrington Research reissued an “outperform” rating and set a $170.00 target price on shares of Adtalem Global Education in a research report on Thursday, January 29th. Finally, Robert W. Baird set a $163.00 target price on Adtalem Global Education in a report on Friday, October 31st. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $151.50.

Adtalem Global Education Stock Performance

NYSE:ATGE opened at $98.54 on Thursday. The company has a market capitalization of $3.40 billion, a P/E ratio of 14.47, a P/E/G ratio of 0.83 and a beta of 0.71. The business has a fifty day simple moving average of $106.22 and a two-hundred day simple moving average of $117.78. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.68 and a quick ratio of 0.68. Adtalem Global Education Inc. has a 1 year low of $86.26 and a 1 year high of $156.26.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.24. Adtalem Global Education had a return on equity of 20.24% and a net margin of 13.41%.The company had revenue of $503.39 million during the quarter, compared to the consensus estimate of $488.72 million. During the same quarter in the prior year, the company earned $1.81 EPS. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. On average, analysts expect that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Adtalem Global Education Company Profile

Adtalem Global Education (NYSE:ATGE) is a leading provider of postsecondary education and professional development solutions. Through a network of brands and institutions, the company delivers degree programs and continuing education in high-demand fields such as healthcare, business, technology and the sciences. Adtalem’s offerings span campus-based and online formats, catering to diverse learner needs and career stages.

The company’s portfolio includes Chamberlain University, which specializes in nursing and healthcare; Carrington College, offering career-focused programs in allied health, business and trades; Walden University, a fully online institution for graduate and undergraduate degrees; and a suite of medical and veterinary schools, including Ross University School of Medicine and Ross University School of Veterinary Medicine, both located in the Caribbean.